Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
JPMorgan profit rises 4% as trading boosts quarter
(Reuters) - JPMorgan Chase & Co reported a 4% rise in third-quarter profit on Tuesday, helped by a surge in trading activity as global financial markets rebounded from a coronavirus-induced slump. The...
Oct 13, 2020
Johnson & Johnson hikes full-year profit forecast on pharma strength
(Reuters) - Johnson & Johnson hiked its full-year profit forecast for the second time in 2020, as strong demand for its cancer and Crohn's disease treatments largely offset the impact to its businesse...
Oct 13, 2020
BlackRock quarterly profit sails past estimates as markets rally
(Reuters) - BlackRock Inc , the world's largest asset manager, trounced analysts' profit estimates for a fifth straight quarter on Tuesday as the recovery rally in global financial markets boosted ass...
Oct 13, 2020
S&P, Dow futures slip ahead of bank, J&J earnings
By Medha Singh (Reuters) - Futures tracking the Dow and S&P 500 dipped on Tuesday as investors looked to the big U.S. banks to kick off the quarterly corporate earnings season, with focus also on comm...
Oct 13, 2020
Tesla cuts prices of Model S variant in United States, China
(Reuters) - Tesla Inc said on Tuesday it has cut the price of its Model S "Long Range" sedan by 4% in the United States, days after the electric-car maker reported record quarterly deliveries. The com...
Oct 13, 2020
EU’s Barnier says not enough progress in Brexit talks: source
BERLIN (Reuters) - The European Union's Brexit negotiator said on Tuesday there was some but "by far" not sufficient progress in trade talks with Britain. An EU diplomat who followed Michel Barnier's ...
Oct 13, 2020
EU extends leniency towards COVID-19 support deep into 2021
BRUSSELS (Reuters) - The European Commission said on Tuesday it was extending deep into 2021 its more flexible approach towards state aid and recapitalisation to support companies struggling due to co...
Oct 13, 2020
U.S. small business confidence at highest since February
(Reuters) - U.S. small business confidence rose last month to its highest since the onset of the coronavirus pandemic earlier this year with more firms experiencing an uptick in foot traffic and sales...
Oct 13, 2020
Desperate Americans hit by pandemic beg Congress, Trump to pass economic relief bill
By Brad Brooks, Mimi Dwyer and Rich McKay (Reuters) - Sylvia Padilla spent last Thursday checking food pantries in Lubbock, Texas for groceries to feed herself, her daughter and three-year-old grandso...
Oct 13, 2020
Almost like being there: Making the most of virtual conferences
By Chris Taylor NEW YORK (Reuters) - When Diane Leonard checked in to a conference the other day, the routine was familiar: Watching keynote speakers, interacting with other attendees, bumping into fr...
Oct 13, 2020
